Buying Property In Faridabad & Earn Great Returns

  • Added:
    Dec 08, 2013
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Buying Property In Faridabad & Earn Great Returns Photo by Realestate India

After remaining in the shadows of its more glamorous and developed neighbour Delhi, Faridabad Real Estate is finally emerging as a attractive realty hotspot. Being the hub of many large and small scale industries, Faridabad is among the realty destinations that has captured the interest of the investors in a big way in recent times. This interest in Faridabad is not sudden rather was a gradual process owing to factors like – exhaustion of free space in Delhi, spiralling rates of Property in Delhi & the development of infrastructure in the city and nearby places.

Realty Developers In Faridabad
Some prominent realty developers who have shown interest in Faridabad real estate include names like Omaxe and Ansal. Government Agencies like HUDA (Haryana Urban Development Authority) are also taking an active interest in carrying out regional developments in order to ensure that the rising demand for Faridabad Property continues.

Realty Hotspots In Faridabad
The rising demand for property in Faridabad is not limited to any domain; both residential and commercial properties are being lapped up by investors. Some important real estate locations witnessing an increased demand include Clam Wood, Old Faridabad, Sector 21C, 45, 42 (Omaxe Green Valley), Trans Canal, Sector 33,

Factors Responsible For Growth Of Faridabad Real Estate
There are many factors that are responsible for rise in demand for Faridabad Property; some of these have been highlighted in the points mentioned below.

  • The Kundli–Manesar–Palwal Expressway (KMP Expressway) project, once complete, will link several important areas like Kundli, Manesar, Palwal with Gurgaon, Faridabad, NOIDA & Ghaziabad. Once the project finishes, the property prices in Faridabad are slated to appreciate even further.
  • With the extension of metro network slated to include Faridabad very soon, the realty pundits foresee a rise in demand in property rates in Faridabad.
  • Apart from the realty developers mentioned above, many other real estate bigwigs have invested in Faridabad Real Estate. There are many ongoing, upcoming and on-the-verge of completion projects residential and commercial projects in this city.
  • In order to improve the connectivity of Faridabad, many projects have been planned or are on the verge of completion. Kalindi Kunj Expressway, bridge over badarpur crossing, group housing schemes announced by HUDA are some examples of projects which have generated the interest of property buyers.

 

With the property prices in Faridabad all set to only increase in near future, the best time to invest is now.

Author's Profile

Hello, I am Anurag. I have been in the Real Estate Portal writting fields for more than 10 years. You can get knowledge about REI Portal, Indian Property Portal, Real Estate Portal, Residential Property, Commercial Property. For more detail please Visit Our Website:- RealEstateIndia.com


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